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ignore income taxes in this problem.) The Crawford Company is pondering an investment in a machine that costs $350,000, that will have a useful life
ignore income taxes in this problem.) The Crawford Company is pondering an investment in a machine that costs $350,000, that will have a useful life of eight years, and that will have a salvage value of $25,000. If this machine is purchased, a similar, old machine will be sold at a salvage value of $40,000. The anticipated yearly revenues and expenses associated with the new machine are: $180.00 Revnes from operations Operating cups Insurance sintenance Mages Depreciation $5.000 $15.00 $ 65 All of the revenues and expenses except depreciation are for cash. The company's required rate of retum is 1256. The annual cash flows occur uniformly throughout the year The simple rate of return to the nearest tenth of a percent of this investment is: Selectore
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